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Barnabas Hospital. The combination of affordable housing and
healthcare represents the community-perspective approach
Hornig Capital brings to its developments.
"When we look at a real estate project it's not just another
real estate project on the block," founder and Managing Partner
Daren Hornig says. "It's 'how does this real estate development
interact with the environment?' We're looking for how it intersects with the lifestyle and dynamics of a different area."

Buildings With Character
Hornig founded his namesake firm five years ago after working as a real estate broker, entrepreneur and a partner in two
different development firms. Setting out on his own gave Hornig
the opportunity to pursue his own vision of real estate, which he
describes as "finding environments that are creative and dynamic and not just your typical cookie-cutter places."
Many of Hornig Capital's projects are renovations of existing buildings, designed to retain the character of the original
structures while making them suitable for modern work environments. "We focus a lot on office and residential projects and
we've done three warehouse-to-office conversions," Hornig says.
Hornig Capital's most recent project is the epitome of those
conversion projects. The Box Factory, located in New York's Bushwick/Ridgewood neighborhood, is an on-the-nose name referring to the 63,000-square-foot building's former use, but it's now
in the final stages of transforming into creative commercial and
retail space. The company changed the flow of the building and
moved the entry point from Irving Avenue to Decatur Street to
make it more conducive to mass transportation. Hornig invested
over $6 million in the renovation and 110 windows were added
to make it a more appealing place to work and shop.
The structure is actually made up of three buildings that were
combined into a single complex years ago, creating a maze of
load-bearing walls and columns. Hornig Capital identified those
structural elements and removed walls wherever possible to
create a more open environment throughout the building.
Hornig credits his instinct for finding a design that repurposed
the industrial elements of the building for commercial users.
"When I walk into a building literally within the first five minutes I have a good feel for the bones of a building and the general
components of what can make the building work," he explains.
"I just think through the work flow, how the building should be
juxtaposed around the street, around the environment and how
it should be utilized."
By keeping the original structure, The Box Factory will be a
place with personality. Hornig envisions it as a hub for creativity-driven enterprises such as artists and musicians who will
draw inspiration from their surroundings. "I think a lot of the old

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Table of Contents for the Digital Edition of Construction Today - Volume 16, Issue 1

Contents
Construction Today - Volume 16, Issue 1 - Cover1
Construction Today - Volume 16, Issue 1 - Cover2
Construction Today - Volume 16, Issue 1 - 1
Construction Today - Volume 16, Issue 1 - Contents
Construction Today - Volume 16, Issue 1 - 3
Construction Today - Volume 16, Issue 1 - 4
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